Wire rod prices in local Chinese market – week 16

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Wire Rod

8 mm dia.

Q235

Shanghai

Pingxiang

3,280

528

↑150

Beijing

Hebei Steel

3,230

520

↑70

Guangzhou

Shaoguan Steel

3,290

530

↑50

Average

-

3,267

526

↑90

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,280

528

↑150

Beijing

Hebei Steel

3,230

520

↑70

Guangzhou

Shaoguan Steel

3,290

530

↑50

Average

-

3,267

526

↑90